Economy

We did not introduce TSA, but we are enforcing it – Buhari

by TONY AILEMEN, Abuja

October 12, 2018 | 3:41 pm
  |     |     |   Start Conversation

President Muhammadu Buhari has declared that although his administration did not introduce the Single Treasury Account (TSA) system, he has considered necessary to enforce it to enhance accountability.

The President who stated this when he received the Executive members of the Association of National Accountants of Nigeria (ANAN) led by its President, Usman Ladan, noted that insistence on the financial structure required much sacrifice and focus on the part of the government as “accountability’’ was no longer optional.

He declared that his administration remains focused and more energized in ensuring accountability in the country, noting that enforcing the Treasury Single Account (TSA) was not optional for growth.

“One of the cardinal objectives of this administration is that people and all government institutions must give account for what comes in and goes out.

“We did not introduce TSA, but we enforced it. TSA makes a lot of sense that you must have to give account for whatever comes in and goes out in government finance; that’s accountability,’’

President Buhari also urged the accountants to remain focused and support the government in the ongoing fight against corruption, warning that they might not be liked by many people because of their professional ethics, but the sacrifice was necessary for the country to grow.

In his remarks, the ANAN President, commended President Buhari for the laudable achievements recorded by his administration in ensuring an inclusive and strong economy, plugging leakages, and making youth empowerment and infrastructure top priority.

“This government has instilled fiscal discipline by plugging leakages,’’ he said, adding that Nigeria’s image in the comity of nations had also improved significantly, attracting more Foreign Direct Investments.

The ANAN President noted that the President’s assent to the Not-Too-Young-To- Run bill further encourage youth participation in governance.

He said the fight against terrorism was commendable as the Boko Haram insurgents had been degraded, extoling the administration’s effort in getting the economy out of recession, and repositioning it for diversity through agriculture.

“Your second term, Mr President, will bring more succour to Nigerians,’’ he added.

Tags:

by TONY AILEMEN, Abuja

October 12, 2018 | 3:41 pm
  |     |     |   Start Conversation

Big Read |  

Analysis

Conversation with the young on world mental health day

It was world mental health day on tenth October.The theme for this year’s celebration was ‘young people and mental health...



BRIU

Diamond

Newletter Ecomomic Intelligence